15043 Victory Blvd - Apartments FOR SALE


Van Nuys, CA 91411
$2,750,000 USD
818-634-3722
15043 Victory Blvd, Van Nuys, CA for Sale
$2,750,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

15043 Victory Blvd
Van Nuys, CA 91411


HIGHLIGHTS

  • Amazing Van Nuys Location
  • 12.86 GRM
  • Below Market Rent w/ Upside

OVERVIEW

Spectrum Commercial Real Estate is pleased to present the opportunity to purchase 15043 Victory Blvd, a 14-unit apartment complex in the highly desirable Van Nuys neighborhood. Less than 1 mile from the 405 Freeway this property offers great proximity to any commuter going back and forth to LA or anywhere on the West Side. The property consists of 14 units. Built in 1959, the exterior of the building was recently updated with brand new paint, gutters, security cameras, newer slurry coated driveway and parking lot, security access gates and a new roof were all installed or updated within the last 5 years. The Property, located one block off Sepulveda Blvd & Victory Blvd, consists of the main structure & parking lot, with 13 - 1 bed room/1 bath room, 1 - 2 bed room/1 bath room apartments. There are separate onsite parking spaces and storage for each unit. 15043 Victory Blvd has perhaps one of the most convenient freeway accessible locations in the Van Nuys/Sherman Oaks neighborhood.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$269 USD /SF

# OF UNITS

14

PRICE/UNIT

$196,429

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,459 SF

ZONING

LAR3

APN/PARCEL ID

2235-020-020

ASK ABOUT THIS PROPERTY

Arthur MinassianSpectrum Commercial Real Estate, Inc.More Info
818-634-3722

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Arthur MinassianSpectrum Commercial Real Estate, Inc.More Info
818-634-3722

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.